Vaughan is a Canadian city in the Ontario region of York. It is north of Toronto. Vaughan was the fastest-growing municipality in Canada between 1996 and 2006, achieving a population growth rate of 80.2% according to Statistics Canada having nearly doubled in population since 1991. It is the fifth-largest city in the Greater Toronto Area, and the 17th largest city in Canada.
Vaughan is known as having some of the highest concentrations of southern Europeans (notably Italians), Eastern Europeans (chiefly Russians) and Jewish people in Ontario, while those who are of British and/or Irish origin form a smaller proportion than in many other southern Ontario cities.
At The End Of March 2018 (Average Price)
Condo Apt. Semi-Detached Detached
$446,667 $815.875 $ 1,424,300
Market update 2016 (Average price): Condo Apt. Semi-Setached Detached
July : $424,443 $738,906 $1.202,774
Market update 2015.
Detached Semi-detached Townhouse
Langstaff rd. South/Weston rd . $748,742 $513,500 $561,000
Ruthenford rd. South/Weston rd . $1,108,690 – –
Ruthenford rd. South/Keele $796,333 $600,000 $550,000
Maple : $752,929 $570,000 $517,491
Thornhill Woods $ 1,038,421 $691,133 $672,418
Upper Thornhill Woods $ 1,134,693 $ 648,000
Dufferin HIll $848,000 $ 623250 $587,238
Vaughan House April 2015: Median price $779,450 Monthly growth -6.07% Stock on market 0.57%
With a median listing price of $779,450, Vaughan is Canada’s 77th most expensive when ordered by median listing price.
The $779,450 price tag on the median Vaughan home means that it is quite highly priced by Canadian standards.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Ontario has the second most amount of properties available to property investors, with Vaughan having 12th most in the province, out of a total of 1130.
As one of Ontario’s many potential real estate investment neighbourhoods, Vaughan needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending – the old estate agent’s mantra of location, location, location has never lost its importance.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
(Canadian Real Estate Wealth)
Best Vaughan Schools:
Michael Cranny E.S.( Maple)
Discovery P.S. (Maple)
Pierre Berton. (Vellore Village )
Mackenzie Glen P.S. (Maple)